RESULTS Persimmon builds revenue and profit

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Strong first half trading has seen Yorkshire housebuilder Persimmon deliver pre-tax profit of £208.9m, up from £132.9m last year.

Revenue came in at £1.198bn for the six months to June 30, from £899.9m in the corresponding period last year.

Legal completions increased 28 per cent to 6,408 new homes sold, average price was £186,970.